Goldman Sachs raises U.S. Q2 GDP growth forecast to 2.4%, ruling out recent recession possibilities

ChainCatcher news, according to Jinshi reports, most American banks have quietly raised their economic forecasts. Last night, Goldman Sachs was the first to release a report, significantly raising the U.S. second-quarter GDP growth forecast from -0.3% to 2.4%, which will place it above the average GDP growth rate since 2022.

Goldman Sachs has effectively ruled out the possibility of a recent recession, and other banks are expected to follow suit and adjust their forecasts.